Junior Mortgage Banker Salary in Iowa

Junior Mortgage Banker Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Junior Mortgage Banker Salary $31,131 IA April 01, 2025
25th Percentile Junior Mortgage Banker Salary $34,251 IA April 01, 2025
50th Percentile Junior Mortgage Banker Salary $37,677 IA April 01, 2025
75th Percentile Junior Mortgage Banker Salary $42,169 IA April 01, 2025
90th Percentile Junior Mortgage Banker Salary $46,258 IA April 01, 2025
25% $34,251 10% $31,131 90% $46,258 75% $42,169 $37,677 50%(Median) Didn’t find job title? Click

How much does a Junior Mortgage Banker earn in Iowa

As of April 01, 2025, a Junior Mortgage Banker in Iowa earns an average salary of $37,677 per year.
A Junior Mortgage Banker's salary in Iowa can be paid hourly, weekly or monthly depending on the company and job type. Most part-time jobs will be paid hourly or weekly. Using the salary calculator, the average pay comes out to be about $18 an hour or $725/week or $3,140/month.
The average salary of a Junior Mortgage Banker ranges from $34,251 to $42,169. The average salary range for a Junior Mortgage Banker varies widely, which indicates that there are many opportunities for advancement, promotions, and salary increases. These opportunities depend on many factors, including skills, education, certifications, location, and years of experience.
Iowa is ranked 33th out of 51 states nationwide for Junior Mortgage Banker salaries. Salary.com helps you determine your exact pay target by estimating the most accurate annual salary range for Junior Mortgage Banker jobs, with more online, real-time compensation data than any other website.

What is the Average Junior Mortgage Banker Salary by City in Iowa?

Below is a list of the average salaries for a Junior Mortgage Banker in 10 cities in Iowa. We've identified 257 cities where the typical salary for a Junior Mortgage Banker job is above the average in Iowa. The top-paid city for Junior Mortgage Banker is Buffalo Center and the average salary for a Junior Mortgage Banker job is earned $39,114 which is higher than the average in Iowa.
This is followed by Carpenter and Chester in second and third places, which beat the average in Iowa by $1,437(3.81%) and $1,437(3.81%) respectively. In fourth place is Grafton with a salary of $39,114, which is higher than the Iowa average salary. Joice and Kensett continue the rankings.
Based on the summary of average salaries paid by cities in Iowa, the Junior Mortgage Banker job market in Buffalo Center is relatively active with a higher salary paid to compare to other cities in Iowa.
Finally, Junior Mortgage Banker jobs pay differently by city, even if they are in Iowa. The cost of living might be a key factor when considering the location and salary of a Junior Mortgage Banker position.
CITY Annual Salary Monthly Pay Weekly Pay Hourly Wage
Buffalo Center $39,114 $3,259 $752 $19
Carpenter $39,114 $3,259 $752 $19
Chester $39,114 $3,259 $752 $19
Grafton $39,114 $3,259 $752 $19
Joice $39,114 $3,259 $752 $19
Kensett $39,114 $3,259 $752 $19
Lake Mills $39,114 $3,259 $752 $19
Ledyard $39,114 $3,259 $752 $19
Lime Springs $39,114 $3,259 $752 $19
Little Cedar $39,114 $3,259 $752 $19

What Similar Jobs are Paid to Junior Mortgage Banker in Iowa?

There are 11 jobs that we find are related to the Junior Mortgage Banker job category,these similar jobs include Mortgage Banker,Junior Banker,Private Mortgage Banker,Mortgage Banker Assistant,Senior Mortgage Banker,Executive Mortgage Banker,Junior Investment Banker,Junior Mortgage Consultant,Junior Mortgage Processor,Junior Mortgage Underwriter,and Junior Mortgage Loan Officer.
All of these 11 jobs are paid between $34,678 to $111,385, and the Mortgage Banker gets the highest paid with $111,385 from them. Those similar job salaries are paid differently by many factors such as company size, department base, responsibility, and others. If you're qualified to be hired for one of these similar jobs to the Junior Mortgage Banker, you could refer to the below list of job salaries based on market prices in Iowa.
JOB TITLE Annual Salary Monthly Pay Weekly Pay Hourly Wage
Mortgage Banker $111,385 $9,282 $2,142 $54
Junior Banker $37,741 $3,145 $726 $18
Private Mortgage Banker $48,576 $4,048 $934 $23
Mortgage Banker Assistant $52,759 $4,397 $1,015 $25
Senior Mortgage Banker $70,354 $5,863 $1,353 $34
Executive Mortgage Banker $34,678 $2,890 $667 $17
Junior Investment Banker $51,897 $4,325 $998 $25
Junior Mortgage Consultant $47,480 $3,957 $913 $23
Junior Mortgage Processor $35,979 $2,998 $692 $17
Junior Mortgage Underwriter $66,192 $5,516 $1,273 $32
Junior Mortgage Loan Officer $47,480 $3,957 $913 $23